United Parks & Resorts Inc (PRKS) average volume reaches $909.90K: Is Wall Street expecting a rally?

A new trading day began on Tuesday, with United Parks & Resorts Inc (NYSE: PRKS) stock price up 0.09% from the previous day of trading, before settling in for the closing price of $53.00. PRKS’s price has ranged from $44.72 to $60.36 over the past 52 weeks.

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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 39.18%. Meanwhile, its annual earnings per share averaged 15.31%. With a float of $56.94 million, this company’s outstanding shares have now reached $63.97 million.

Let’s determine the extent of company efficiency that accounts for 3300 employees. In terms of profitability, gross margin is 67.3%, operating margin of 27.8%, and the pretax margin is 18.77%.

United Parks & Resorts Inc (PRKS) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Leisure Industry. The insider ownership of United Parks & Resorts Inc is 1.74%, while institutional ownership is 123.29%. The most recent insider transaction that took place on Sep 05 ’24, was worth 1,261,931. In this transaction an insider of this company sold 23,837 shares at a rate of $52.94, taking the stock ownership to the 85,463 shares. Before that another transaction happened on Sep 06 ’24, when Company’s Chief Commercial Officer proposed sale 10,000 for $52.12, making the entire transaction worth $521,200.

United Parks & Resorts Inc (PRKS) Earnings and Forecasts

In its latest quarterly report, released on 6/30/2024, the company reported earnings of 1.92 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.77 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 15.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.50% during the next five years compared to 47.77% growth over the previous five years of trading.

United Parks & Resorts Inc (NYSE: PRKS) Trading Performance Indicators

Here are United Parks & Resorts Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.77. Likewise, its price to free cash flow for the trailing twelve months is 16.30.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.83, a number that is poised to hit 2.18 in the next quarter and is forecasted to reach 4.66 in one year’s time.

Technical Analysis of United Parks & Resorts Inc (PRKS)

Looking closely at United Parks & Resorts Inc (NYSE: PRKS), its last 5-days average volume was 0.79 million, which is a drop from its year-to-date volume of 0.89 million. As of the previous 9 days, the stock’s Stochastic %D was 29.33%. Additionally, its Average True Range was 1.59.

During the past 100 days, United Parks & Resorts Inc’s (PRKS) raw stochastic average was set at 53.26%, which indicates a significant increase from 33.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.10% in the past 14 days, which was lower than the 34.11% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $51.35, while its 200-day Moving Average is $51.64. However, in the short run, United Parks & Resorts Inc’s stock first resistance to watch stands at $53.80. Second resistance stands at $54.55. The third major resistance level sits at $55.19. If the price goes on to break the first support level at $52.41, it is likely to go to the next support level at $51.77. Should the price break the second support level, the third support level stands at $51.02.

United Parks & Resorts Inc (NYSE: PRKS) Key Stats

With a market capitalization of 3.07 billion, the company has a total of 57,952K Shares Outstanding. Currently, annual sales are 1,727 M while annual income is 234,200 K. The company’s previous quarter sales were 497,590 K while its latest quarter income was 91,120 K.